The Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, and the Governor of the Central Bank of Nigeria (CBN), Dr Olayemi Cardoso, have pledged closer coordination …
The naira began the new trading week on a weak note as it exchanged at ₦1,533.67 to one United States dollar at the Nigerian Foreign Exchange Market, according to figures …
The Nigeria Customs Service (NCS) at the Kirikiri Lighter Terminal (KLT) in Lagos has announced that it collected N89.2bn as revenue between January and June 2025. The amount represents a …
President Bola Ahmed Tinubu has signed the Nigerian Insurance Industry Reform Bill 2025 into law, officially making it the Nigerian Insurance Industry Reform Act (NIIRA) 2025. The new law has …
The Federal Inland Revenue Service (FIRS) has warned taxpayers against the temptation of concealing business transactions under the new National E-Invoicing Solution, also known as the Merchant-Buyer Model. The agency …
Nigeria’s non-oil exports rose to $3.225bn in the first half of 2025, showing a strong performance in the country’s drive to diversify its economy. This figure is a 19.59 per …
The Nigerian naira ended last week with a mixed performance in the foreign exchange market, as it recorded marginal gains at the official window but slipped in the parallel market. …
The World Bank has approved a total of $8.40bn (about N12.89tn) in fresh loans to Nigeria within the last two years. The new approvals, which span from June 2023 to …
Kayode Opeyemi, a former consultant with KPMG and now a respected expert in financial technology and risk management, has shared deep insights into how Nigerian startups are dealing with compliance …
First City Monument Bank (FCMB) and the International Chamber of Commerce Nigeria (ICCN) Banking Commission have jointly called for sustainable strategies that will empower Nigerian businesses to seize global trade …